Tag Archives: IPO On-Ramp

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The National Venture Capital Association today sent a letter to U.S. Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell that was signed by more than 700 entrepreneurs across the country in support of passing the IPO On-Ramp bill, which aims to ease the initial public offering process for startups.

The bill gives smaller companies with five years, or until they reach $1 billion in revenue, before they’re subject to the full reporting requirements for public companies. The House of Representatives passed the bill (390-23) on March 8 as part of the Jobs Act.

Of the more than 700 signatures, 82 are from Texas entrepreneurs or heads of entrepreneurial companies. Most of the Texas signers are from Austin, but the list includes eight people from the Dallas-Fort Worth area. They are: